SEC Form 4 · accession 0001209191-15-032617
CU Bancorp · CUNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K Brian Horton
Officer — President · Director
Period of report
Dec 9, 2014
Accepted (ET)
Apr 6, 2015 · 1:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001543643
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Dec 9, 2014 | M | 39,509 | $7.59 | A | 77,169 | I | By K Brian Horton, Trustee of the K Brian Horton Trust |
| Common StockF3,F4 | holding | — | — | — | 57,660 | D | ||
| Common StockF3 | holding | — | — | — | 3,362 | I | By Chester E Horton Jr. as Custodian for UTMA/CA for Christopher R. Horton |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF1,F3,F5 | $7.59 | Dec 9, 2014 | M | 39,509 | D | — | Oct 27, 2015 | Common Stock | 131,696 | 92,187 | D |
Explanation of responses
- F1Transaction information inadvertently filed late due to an administrative error.
- F2Exercise of 39,509 shares of common stock granted to the Reporting Person on June 21, 2006.
- F3As of April 6, 2015.
- F4Include shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- F5As of filing date, the stock option grant is 100% vested and immediately exercisable.